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Tag: Diwali

Amazon, Flipkart bring Diwali spirit to Republic Day sales, Retail News, ET Retail

KOLKATA: Amazon and Walmart-owned Flipkart have assured brands that there will be no change in the pricing and discount strategy on their ecommerce marketplaces and it will be business as usual during the sales that started on Sunday, said people with knowledge of the matter. Discounts during the ongoing Republic Day and Great Indian sales …

Amazon, Flipkart bring Diwali spirit to Republic Day sales, Retail News, ET RetailRead More

Market empowering force for retail industry, Retail News, ET Retail

By Rajneesh Kumar With India’s retail industry set to be worth $1.2 trillion by 2021, the country’s job-creating segment of micro, small and medium enterprises (MSMEs) needs new ways to capitalise on this momentum. For new-age retailers, the solution is evident: ecommerce. The marketplace model of ecommerce is designed to specifically empower local businesses, particularly …

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Early Diwali may hit Amazon’s Q4 growth, Retail News, ET Retail

Bengaluru: Amazon’s international sales growth rate might be impacted in the final quarter of this financial year as parts of Diwali sale happened in the third quarter this year. The festive sale had taken place in the fourth quarter last year, said Amazon CFO Brian Olsavsky. He was speaking to analysts after the announcement of …

Early Diwali may hit Amazon’s Q4 growth, Retail News, ET RetailRead More

E-tailers set to celebrate Diwali worth Rs 35,000 crore, Retail News, ET Retail

New Delhi, With the second wave of festive sales coming to an end, industry experts say the e-commerce players like Amazon and Walmart-owned Flipkart are set to celebrate a bumper Diwali with pocketing over Rs 35,000 crore (nearly $5 billion) despite certain sectors facing severe economic gloom. Led by Amazon and Flipkart, e-tailers in India …

E-tailers set to celebrate Diwali worth Rs 35,000 crore, Retail News, ET RetailRead More

Trades protest as online stores eat into pre-Diwali traditional sales, Retail News, ET Retail

Noida: With traditional sales dipping significantly in the pre-Diwali season this year due to massive online festive discounts, shopkeepers and traders on Monday staged a protest in the district against “the unethical business practices of e-commerce companies”. The Delhi-NCR chapter of the Confederation of All India Traders (CAIT) said they would now demand protection of …

Trades protest as online stores eat into pre-Diwali traditional sales, Retail News, ET RetailRead More

Small-town India helps Snapdeal log 87 million visits in September, Retail News, ET Retail

Snapdeal registered 87 million visits on its platform in the month of September as festive season began, clearly making it the third largest e-commerce player in the country after Amazon and Walmart-owned Flipkart. According to latest data from website traffic statistics and market intelligence company SimilarWeb, over the last two years, the traffic to Snapdeal’s …

Small-town India helps Snapdeal log 87 million visits in September, Retail News, ET RetailRead More